Mountain character meets modern comfort in this beautifully updated 4-bedroom, 3-bath home on 1.25 acres in the gated Warm Springs Ranch community. With 3,432 square feet of finished living space, beautiful mountain and valley views, and generous indoor and outdoor living areas, the home offers a compelling combination of space, privacy, and access to the Colorado outdoors.
The main level features an open living area with abundant natural light, hardwood floors, a gas fireplace, and access to both a private front porch and expansive back deck. The primary suite includes a five-piece bathroom, walk-in closet, and private deck access. Downstairs, a spacious second living area with a gas fireplace provides additional space for guests, recreation, or a home office, along with additional sleeping space.
Recent improvements include a remodeled lower-level bathroom, LVP flooring and paint (2024), septic improvements (2024), re-stoned fireplaces (2025), and a new roof, gutters, chimney work, and skylight (2026). The home is offered fully furnished, except for the basement couch, dining room table, and select personal items in the storage room.
Warm Springs Ranch offers stocked fishing ponds, private hiking trails, a clubhouse, tennis and pickleball courts, and a gated entrance. National Forest and an abundance of hiking, biking, fishing, camping, hunting, and off-road recreation are nearby, while Fairplay, Buena Vista, and Summit County remain within convenient reach.
The property has also been rented alongside owner use. The sellers report $22,482 in rental revenue from June through December 2025 and $32,265 from January through August 2026. Rental use is subject to applicable HOA and county regulations.
For sale
$825,000
271 Sheep Ridge Road, Fairplay, CO 80440
4beds
3,432sqft
Single Family Residence
Built in 1996
1.25 Acres Lot
$792,200 Zestimate®
$240/sqft
$140/mo HOA
What's special
Gas fireplaceOffered fully furnishedGated entrancePrivate front porchExpansive back deckStocked fishing pondsRemodeled lower-level bathroom
- 15 hours
- 117
- 1
Zillow last checked:
Listing updated:
Listed by:
Mark Greer (970)406-0067,
Cornerstone RE Rocky Mountains
Source: Altitude Realtors,MLS#: S1071329
Originating MLS: Summit Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Baseboard, Hot Water
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer
Features
- Fireplace
- Flooring: Carpet, Tile, Vinyl, Wood
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total interior livable area: 3,432 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Oversized, See Remarks
- Garage spaces: 2
Features
- Levels: Two,Multi/Split
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 1.25 Acres
- Features: Borders National Forest
Details
- Parcel number: 38545
- Zoning description: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Modular/Prefab
- Roof: Composition
Condition
- Resale
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop, Well
- Utilities for property: Electricity Available, Propane, Snow Removal, See Remarks, Septic Available
Community & HOA
Community
- Features: See Remarks, Trails/Paths, Clubhouse, Fishing, Gated
- Subdivision: Warm Springs
HOA
- Has HOA: Yes
- Amenities included: Tennis Court(s)
- HOA fee: $1,680 annually
- HOA name: Summit Hoa Services
- HOA phone: 970-446-0116
Location
- Region: Fairplay
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $720,843
- Annual tax amount: $3,066
- Date on market: 8/29/2026
- Exclusions: No
- Road surface type: Dirt, Gravel
Estimated market value
$792,200
$753,000 - $832,000
$3,389/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $825,000+44.7%$240/sqft |
Source: | ||
| 11/4/2024 | Sold | $570,000+1.1%$166/sqft |
Source: | ||
| 10/3/2024 | Pending sale | $564,000$164/sqft |
Source: | ||
| 9/10/2024 | Price change | $564,000-4.2%$164/sqft |
Source: | ||
| 8/6/2024 | Price change | $589,000-1%$172/sqft |
Source: | ||
| 5/9/2024 | Listed for sale | $595,000$173/sqft |
Source: | ||
| 4/24/2024 | Pending sale | $595,000$173/sqft |
Source: | ||
| 4/18/2024 | Price change | $595,000-10.5%$173/sqft |
Source: | ||
| 4/5/2024 | Listed for sale | $665,000+77.3%$194/sqft |
Source: | ||
| 2/24/2020 | Sold | $375,000$109/sqft |
Source: Public Record Report a problem | ||
| 2/3/2020 | Pending sale | $375,000$109/sqft |
Source: Bristlecone Realty Group #1545202 Report a problem | ||
| 1/20/2020 | Listed for sale | $375,000+41.5%$109/sqft |
Source: Bristlecone Realty Group #S1017346 Report a problem | ||
| 12/19/2017 | Sold | $265,000-10.2%$77/sqft |
Source: Public Record Report a problem | ||
| 12/15/2017 | Listed for sale | $295,000$86/sqft |
Source: Bristlecone Realty Group #S1006816 Report a problem | ||
| 11/10/2017 | Pending sale | $295,000$86/sqft |
Source: BRISTLECONE REALTY GROUP #7921592 Report a problem | ||
| 9/19/2017 | Price change | $295,000+18%$86/sqft |
Source: Bristlecone Realty Group #S1006816 Report a problem | ||
| 3/22/2017 | Pending sale | $250,000$73/sqft |
Source: Re/Max Properties/69 #S1004096 Report a problem | ||
| 3/21/2017 | Listed for sale | $250,000-16.4%$73/sqft |
Source: Re/Max Properties/69 #S1004096 Report a problem | ||
| 1/3/2017 | Listing removed | $299,000$87/sqft |
Source: Re/Max Properties/69 #S1003091 Report a problem | ||
| 11/2/2016 | Listed for sale | $299,000$87/sqft |
Source: Re/Max Properties/69 #S1003091 Report a problem | ||
| 10/1/2016 | Listing removed | $299,000$87/sqft |
Source: Re/Max Properties/69 #S393911 Report a problem | ||
| 3/31/2016 | Price change | $299,000-3.2%$87/sqft |
Source: Re/Max Properties of the Summit #S393911 Report a problem | ||
| 2/12/2016 | Price change | $309,000-8.8%$90/sqft |
Source: RE/MAX PROPERTIES OF THE SUMMIT #S393911 Report a problem | ||
| 10/31/2015 | Listed for sale | $339,000+13.4%$99/sqft |
Source: RE/MAX PROPERTIES/69 #S393911 Report a problem | ||
| 11/3/2011 | Listing removed | $299,000$87/sqft |
Source: Nelson Realty of Fairplay, Inc #S377881 Report a problem | ||
| 9/23/2011 | Listed for sale | $299,000+53.3%$87/sqft |
Source: Nelson Realty of Fairplay, Inc #S377881 Report a problem | ||
| 6/29/2009 | Sold | $195,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,054 +4.6% | $48,300 -3.9% |
| 2024 | $2,921 +64% | $50,250 -7.7% |
| 2023 | $1,781 +5.2% | $54,460 +95.7% |
| 2022 | $1,693 -16% | $27,830 -13.3% |
| 2021 | $2,016 +45.5% | $32,100 +45.5% |
| 2020 | $1,385 +1.1% | $22,060 |
| 2019 | $1,370 +32% | $22,060 +15.1% |
| 2017 | $1,038 +7.9% | $19,160 +7.9% |
| 2016 | $962 -2% | $17,760 |
| 2015 | $982 -18.1% | $17,760 |
| 2014 | $1,198 -0.7% | -- |
| 2013 | $1,206 +12% | $21,370 |
| 2012 | $1,077 +6.9% | -- |
| 2011 | $1,008 | -- |
Find assessor info on the county website
Monthly payment
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